Europe

Global container freight rates at record levels

  Global container freight rates continued to sky-rocket into the new year as major freight companies applied surcharges [...]

Siempelkamp delivers new particleboard plant to Russia

The Russian wood-based panels manufacturer Uvadrev-Holding placed an order with Siempelkamp for a new particleboard plant.   [...]

European renovation wave to create opportunities for the wood industry

  In her latest speech on the state of the Union, European Commission President Ursula von der Leyen highlighted [...]

New opportunities for Latvian timber exports to the US

At the beginning of February, a large vessel with Latvian timber products to be exported to the USA was loaded [...]

Pfeifer Group to double its CLT capacity

  The Austrian Pfeifer Group is increasing its production capacity to 100,000 m³ cross laminated timber (CLT) annually [...]

Sales in the German wood industry benefit from high demand of construction sector

  The turnover of the German wood industry was around € 36.5 billion last year and thus 0.8 [...]

Outlook for the global wood pellet markets in 2021

After 2023 there is limited future growth forecast in the industrial wood pellet market. Europe and the UK will have [...]

Valutec reports rising demand from sawmills in Central Europe

  The last six months' sales to Germany and Austria amount to an order value of just over EUR [...]

German woodworking machinery industry expects growth in sales in 2021

  Despite the second lockdown and the associated restrictions, the German Woodworking Machinery Association still sees good chances for [...]

EIB provides EUR200 million loan to Metsä’s Kemi bioproduct mill

  The European Investment Bank (EIB) has signed a Euro 200 million loan agreement with Metsä Fibre Oy for [...]